University of Toledo Physicians Clinical Facility Inc is a 501(c)(3) organization based in Toledo, Ohio, registered in 2007, with $115,502,570 in FY2023 revenue. CharityIndex grades it A, and it directs about 94% of spending to programs.
Revenue (FY2023)
$115.5M
▲ 0.6% vs prior year
Expenses (FY2023)
$124.4M
Net assets
$19.9M
Employees
708
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For University of Toledo Physicians Clinical Facility Inc: 94% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For University of Toledo Physicians Clinical Facility Inc: 2 mo reserves · -8% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For University of Toledo Physicians Clinical Facility Inc: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For University of Toledo Physicians Clinical Facility Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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To improve the human condition through excellence in patient care and medical discovery.
Captive insurance- writing or funding medical malpractice insurance and reinsurance for university of toledo and university of toledo physicians.
Revenue grew from $90.4M (FY2013) to $115.5M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-7.7%
Spent more than it raised in the latest fiscal year.
Total assets
$73.7M
Total liabilities
$53.8M
Net assets
$19.9M
Salaries & benefits
$101.4M
81% of expenses
Board members
12
0 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $115,502,570▲0.6% | $124,401,794▼1.3% | $19,909,175▼27.3% | $73,728,399▲0.6% | 990 |
| 2022 | $114,768,632▼1.0% | $126,031,178▲4.7% | $27,378,224▼24.0% | $73,311,307▲8.2% | 990 |
| 2021 | $115,886,767▼0.4% | $120,426,353▲10.3% | $36,009,022▼16.5% | $67,778,090▲1.7% | 990 |
| 2020 | $116,403,876▲1.2% | $109,146,427▼16.8% | $43,116,925▲19.7% | $66,626,181▲8.9% | 990 |
| 2019 | $114,985,250▲0.3% | $131,186,843▲16.5% | $36,032,832▼30.8% | $61,206,063▼17.0% | 990 |
| 2018 | $114,683,263▲12.9% | $112,602,571▲7.9% | $52,069,326▲4.3% | $73,719,816 | 990 |
| 2017 | $101,570,547▼23.7% | $104,339,241▲0.5% | $49,916,679▼5.3% | $73,700,437▲0.5% | 990 |
| 2016 | $133,108,020▲48.5% | $103,824,023▲16.7% | $52,715,102▲125% | $73,317,685▲107% | 990 |
| 2015 | $89,605,133▲3.6% | $88,935,256▲5.9% | $23,431,105▲2.9% | $35,449,523▲11.1% | 990 |
| 2014 | $86,465,972▼4.3% | $84,017,731▼1.2% | $22,761,228▲12.1% | $31,916,318▲4.4% | 990 |
| 2013 | $90,381,405 | $85,005,300▲10.2% | $20,312,987▲36.0% | $30,577,886▲26.7% | 990 |
| 2012 | — | $77,162,291▲2.3% | $14,936,882▲36.9% | $24,131,341▲16.6% | 990 |
| 2011 | — | $75,402,185▲2.3% | $10,912,816▲45.7% | $20,699,738▲2.9% | 990 |
| 2010 | — | $73,722,972▲5.8% | $7,488,535▲6.7% | $20,112,525▲1.4% | 990 |
| 2009 | — | $69,708,787 | $7,018,732 | $19,839,078 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Schroeder Jason Md — $1,114,782 (0.90% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Schroeder Jason Md | Interim Cpe | 20 | $1,114,782 |
| Chacko Paul Md | Physician | 40 | $1,052,991 |
| Osman Mohamed Md | Physician | 40 | $843,719 |
| Elgafy Hossein Md | Physician | 40 | $804,509 |
| Carrizo Gonzalez Javier Md | Physician | 40 | $794,800 |
| Nazzal Munier Md | President, Utp (7/22-5/23)(former) | 20 | $784,619 |
| Sohn David Md | Physician | 40 | $761,714 |
| Skie Martin Md | Trustee, Utp | 20 | $722,117 |
| Khouri Smair Md | Trustee, Utp (former) | 20 | $679,393 |
| Singh Tanvir Md | Trustee, Utp (former) | 40 | $487,890 |
| Sindhwani Puneet Md | Trustee, Utp | 20 | $483,961 |
| Brickman Kristopher Md | Interim Cpe 11/22-7/23 | 20 | $446,500 |
| El-zawahry Ahmed Md | Trustee, Utp (former) | 20 | $420,000 |
| Mahmood Asif Md | Trustee, Utp (former) | 20 | $403,190 |
| Jenkins Kimberly Md | Trustee, Utp | 20 | $385,952 |
| Casabianca Andrew Md | Trustee, Utp (former) | 20 | $348,987 |
| Hinch Bryan Md | Trustee, Utp | 20 | $334,680 |
| Van Hook James Md | Trustee, Utp (former) | 20 | $330,000 |
| Saunders III William Md | Trustee, Utp (former) | 40 | $315,748 |
| Akpunonu Basil Md | Trustee, Utp | 20 | $315,503 |
| Contractor | Services | Paid |
|---|---|---|
| Change Healthcare LLC | Electronic Claims Filing Services | $408,162 |
| Zotec Partners | Billing Services | $263,220 |
| Taft Stettinius & Hollister LLP | Legal Services | $229,116 |
| I Scribe Md LLC | Transcription Services | $101,541 |
1 grant to University of Toledo Physicians Clinical Facility Inc totaling $8,700, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Toledo Community Foundation | Rocket pediatrics toledo public school clinics | 2016 | $8,700 |
1 grant totaling $1.2M in FY2023. All grants made by University of Toledo Physicians Clinical Facility Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| University of Toledo | Support for the university of toledo | $1,180,825 |
Explore more
Data for University of Toledo Physicians Clinical Facility Inc (EIN 20-1304472) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.